Bitcoin three days in a row in the positive.

Bitcoin price for a while now has a stable price movement and low volatility compared from previous months, and year to date now a huge difference how the market moves, not just Bitcoin but also other cryptos. At the moment the price of Bitcoin is pushing against the resistance at $7200, if it extends beyond can reach another resistance zone 7600-7900. It is important to be noted, in the situation of low level of volatility and low level of volume to push the movements, we can see the price move between ($6000) $6450 and $7600, and the range for this type of market two months ago was done or broken in just hours in one day. Investors keep being cautious. At the moment as it stands below $6500 is a good buy and aim to exit above $7100. Be cautious at any time! Good luck. :)

Another thing that not helps at all is Mt.Gox former CEO comments saying lost confidence in Bitcoin, thou not mentioning other cryptos, he experienced Bitcoin in the worst way, this can happen to anyone especially in such new market as cryptos are, don't get cocky with one day experience in the markets!

www.newsbtc.com/2018...tcoin-in-reddit-ama/



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Comment:

Positive day turned to negative as it progressed, and Bitcoin price pivots around £6700 now.

Comment:

$6700*

Comment:

From the 04/Apr analysis: If the support does not hold we look at price $6100 or $5800 as low.

Comment:

The price can not sustain the action above 8000, after few attempts stays capped by the 7900s resistance. Bears seem strong above it for now. Caution for spikes of volatility!